Tag Archives: Employee benefits

Early retirement may sound like a dream. However, if today’s retirees are any indication, you may want to rethink how you plan financially. Photo taken in Big Island, United States Shawn Walters / EyeEm | EyeEm | Getty Images A new survey from NerdWallet finds that today’s retirees stopped working …

The cost of care has become so onerous that some people have ditched going to the doctor altogether. To save on health care, a third of people aged 25 to 45 avoided seeing a medical professional, hoping instead that their condition will eventually resolve, according to data from the Nationwide …

A young couple going through financial problems Geber86 | E+ | Getty Images American workers are facing a retirement crisis — and few are doing anything about it. Just three out of 10 workers polled by Bankrate.com said they increased contributions to their retirement plans from where they were last …

Hero Images | Hero Images | Getty Images Even if your employer offers you health insurance at work, chances are you’re shelling out more money for medical care. Last year, employers spent an average of $15,159 in premiums to cover a family of four, according to an analysis from the …

When Rep. John Larson, D-Conn., travels the country to talk about his plan for Social Security reform, he often holds up a Starbucks coffee cup. The cost of that latte — about $4.50 — could also cover nine weeks of Social Security payments if you’re making $50,000 per year, Larson …

The wealth gap between baby boomers and millennials has become a gulf. Back in 1998, the average household aged 52 to 70 years had a net worth of $747,600, while households in the 20 to 35 age bracket had an average net worth of $103,400, according to a MagnifyMoney analysis …

Couple in loungers on a tropical beach at Maldives haveseen | iStock | Getty Images Salary matters, but a third of workers would be happy to lose some pay in exchange for unlimited vacation time. That’s according to the 2019 Vacation Confidence Index released Allianz Global Assistance, which surveyed 1,005 …

When 27-year-old Ramon Gonzales was looking for a new job eight months ago, having access to a retirement plan was high on his list of priorities. Now Gonzales, the floor supervisor for the production team at Red Bay Coffee, has that ability to save. That’s thanks to CalSavers, California’s automatic …

Washington D.C. Danita Delimont | Getty Images About 1.3 million Americans could have their retirement funds at risk if Congress can’t come up with the money to pay the benefits people were promised. That is because a number of multiemployer pension plans are on the brink of running out of …

Tetra Images | Getty Images It’s no secret that Social Security needs to be tweaked in order to fix the program’s solvency. And research from the latest Aegon Retirement Readiness Survey shows just how far Americans think politicians need to go to shore up the system. Just 8% of Americans …